Lockheed Martin and the U.S. Department of War have agreed to accelerate production of Precision Strike Missiles (PrSM), quadrupling output capacity to enhance U.S. military capabilities. This move builds on a previous $4.94 billion contract and supports the national goal of a more lethal and ready fighting force. The PrSM system, recently used in combat for the first time, offers extended range and improved lethality over its predecessor. Lockheed Martin's investment in facilities and workforce expansion aims to meet growing demand and create high-skilled American jobs.
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
Xanadu Quantum Technologies and Lockheed Martin have launched a collaboration to enhance quantum computing skills among Lockheed Martin engineers through the Quantum Talent Pipeline (QTP) program. This initiative uses Xanadu's PennyLane platform and ...
Lockheed Martin reaffirmed its 2026 financial guidance with expected sales of $77.5–$80 billion, EPS of $29.35–$30.25, and free cash flow of $6.5–$6.8 billion, anticipating margin improvements in the second half of the year. The company faces near-te...
